U.N. rejects big Kyoto project in Equatorial Guinea

[jpak]

http://www.reuters.com/article/environmentNews/idUSL3156958420070731

LONDON (Reuters) - An emissions-cutting project in Equatorial Guinea has become by far the biggest yet to fail a United Nations approval process under the Kyoto Protocol on global warming.

The project was meant to reduce flaring by turning natural gas into methanol. It failed to demonstrate that its proposed emissions cuts would not have happened anyway, regardless of Kyoto incentives.

This is the twenty-sixth project to be rejected so far.

The U.N.-backed Kyoto Protocol allows rich countries to meet emissions targets by funding clean energy projects in developing countries, for example to install wind power or destroy potent greenhouse gases.

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[razzleberry]

1. the arrogant rich in the west

take their due